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Digital GridTSE:350A -3.19%19 ROE % is 18.18% as of Jan. 2026, which is 30% below its 10-year median of 25.99. GuruFocus rates TSE:350A with a GF Score™ of 19/100. The stock has 2 warning signs investors should review. Among 436 Utilities - Independent Power Producers companies, Digital Grid ranks better than 93.81% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Digital Grid's annualized net income for the quarter that ended in Jan. 2026 was 円1,699 Mil. Digital Grid's average Total Stockholders Equity over the quarter that ended in Jan. 2026 was 円9,346 Mil. Therefore, Digital Grid's annualized ROE % for the quarter that ended in Jan. 2026 was 18.18%.
The historical rank and industry rank for Digital Grid's ROE % or its related term are showing as below:
TSE:350A'
s ROE % Range Over the Past 10 Years
Min: 20.18 Med: 25.99 Max: 29.91
Current: 24.41
During the past 3 years, Digital Grid's highest ROE % was 29.91%. The lowest was 20.18%. And the median was 25.99%.
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Jan. 2026) net income data. The Revenue data used here is four times the quarterly (Jan. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
Digital Grid ROE % Related Terms
Digital Grid ROE % Historical Data
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The historical data trend for Digital Grid's ROE % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Utilities - Renewable subindustry, Digital Grid's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Digital Grid ROE % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Digital Grid's ROE % distribution charts can be found below:
* The bar in red indicates where Digital Grid's ROE % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Jan. 2026) net income data.
ROE % is displayed in the 30-year financial page.
Digital Grid (TSE:350A) has a ROE % of 18.18% as of Jan. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Digital Grid and its competitors. This is 30% below median its historical median of 25.99. Over the past decade, Digital Grid's ROE % has ranged from 20.18 to 29.91. According to the industry distribution chart, Digital Grid ranks #27 out of 436 companies in the Utilities - Independent Power Producers industry, placing it in the top 6.2%.
Is Digital Grid's ROE % too high?
Digital Grid's current ROE % of 18.18% is 30% below median its 10-year median of 25.99. Over the past 10 years, this metric has ranged from a low of 20.18 to a high of 29.91. The Utilities - Independent Power Producers industry median ROE % is 3.82. Digital Grid's value of 18.18% is 375.9% above this industry median. Based on the distribution chart, Digital Grid ranks #27 out of 436 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Digital Grid has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Digital Grid's ROE % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Digital Grid ranks #27 out of 436 companies for ROE %. This places Digital Grid in the top 6% of its industry — outperforming the majority of peers. The industry median ROE % is 3.82. Digital Grid's value of 18.18% is 375.9% above this benchmark. Historically, Digital Grid's own ROE % has ranged from 20.18 to 29.91 over the past decade. While the company's 10-year median is 25.99 vs. the industry median of 3.82, Digital Grid has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Utilities - Independent Power Producers company?
The median ROE % among Utilities - Independent Power Producers companies is 3.82, based on 436 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Digital Grid's current ROE % of 18.18% is 375.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Digital Grid and its competitors. For the Utilities - Independent Power Producers industry, the median ROE % is 3.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Digital Grid's current ROE % is 18.18%, which is 30% below median its own 10-year median of 25.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Digital Grid stock overvalued right now?
Digital Grid (TSE:350A) has a current ROE % of 18.18%. The current ROE % is 18.18%, which is 30% below median its 10-year median of 25.99 and 375.9% above the Utilities - Independent Power Producers industry median of 3.82. Digital Grid's overall GF Score™ is 19/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Digital Grid (TSE:350A), the current ROE % is 18.18% as of Jan. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Digital Grid Corp is engaged in trading platforms for electric power and environmental value. Its services include D.G.P a Power procurement and trading platform, Econoha Environmental value purchasing agent, RE Bridge Accompanying renewable energy auction, and GX navi Decarbonization human resource development for beginners.
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